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for saleRealtyLens property overview
$875,000
315 7th Ave Apt 16C
Manhattan, NY, 10001
View more Manhattan, NY property pagesStudioBeds
1Baths
612Sqft
$1430$/sqft
Listing Notes
Residence 16C is a one of a kind renovated LOFT in a historic gothic style pre-war building. This great apartment features 11 ft. beamed ceilings with recessed lighting, stylish concrete flooring, a renovated open kitchen, marble bathroom with rain shower, great closets with tons of storage, and your own in unit washer/dryer. Enjoy beautiful sunsets and city views from your 3 oversized windows. The Kheel Tower is a well-maintained condominium with staff that will accept packages for residents. Conveniently located on the same block as the 1 subway line and is a short walk from the 2, 3, E, B, D, F, M, N, Q, R and W lines. Neighborhood amenities include multiple supermarkets Whole Foods, Trader Joe's and Fairway, restaurants, and close proximity to Hudson Yards, Madison Square Garden and Penn Station.
Market Insights
Below nearby median-13%
$1430/sqft vs a nearby median of $1651/sqft.
Nearby median$1651/sqft
Nearby properties12
Property size612 sqft
- -13% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 612 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$1.06M$966k – $1.16M · 50% confidence
vs ask $875k−$186k (−21.3%)
Asking price is about 21.3% below the fair value — likely to draw competing offers if it's still on market.
$1,651/sqft median across 7 tight comps × 612 sqft= $1.01M
- Transit access+$40k +4.0%
- Pre-war character+$25k +2.5%
- Virtually staged−$10k −1.0%
- Days-on-market gravity−$5k −0.5%
Cumulative NYC adjustments+$51k+5.0%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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Listing Details
- Days on market
- 81 days
- Last price change
- No change recorded
- Listed
- Feb 20, 2026
- Photos
- 10 photos
- Property type
- condos
- Status
- for sale
- Last sold
- Mar 9, 2007 · $458,711
Features & Amenities
ElevatorSecurity FeaturesDishwasherWasher DryerUpdated KitchenModern KitchenOpen KitchenViewsDen
Photos
Building Facts
- Year built
- 1926
- Stories
- 21
- Total units
- 94
- Residential units
- 91
- Building area
- 1.54 ac
- Lot size
- 4,481 sqft
- Land use
- Mixed residential and commercial buildings
- Building class
- RM
From NYC public records where available.
Price History
May 4, 2026Initial record
$875,000for sale